Milbank, Tweed, Hadley & McCloy announced that Douglas Landy, one of the country’s leading banking and financial services regulatory lawyers, has joined the firm as a partner in the Leveraged Finance and Financial Regulations Group in Milbank’s New York office.
Mr. Landy represents many of the best-known global financial institutions in their U.S. regulatory matters, including dealings with the Federal Reserve, SEC and other regulatory agencies. He is expert in financial services regulation and was a visible and outspoken presence for his clients during and following the financial crisis. Notable recent representations include representing a group of more than two dozen foreign banks in 2012 challenging the proposed Volcker Rule provisions of Dodd-Frank.
Mr. Landy joins Milbank from the New York office of Allen & Overy, where he was head of the U.S. Financial Services Regulatory Practice. He is a former staff attorney at the Federal Reserve Bank of New York.
At Milbank, Mr. Landy will help the firm’s financial services clients navigate federal and state regulation and legislative rulemaking. Milbank advises financial services firms on time-sensitive, high-value matters – from the design and structure of new products and services to obtaining approvals and interpretive guidance governing transactions, securities offerings and acquisitions. Mr. Landy’s practice will reach all of the global financial institutions that call on the firm for their capital markets, M&A, project finance, bankruptcy and litigation matters.
“The need for expert regulatory and compliance counsel is a top priority for our banking and financial services clients,” said Milbank Chairman Scott Edelman. “Doug Landy has for years practiced at the front lines of the regulatory regimes for many of the world’s top banks and financial institutions,” Mr. Edelman added. “His range of expertise and his experience have given him genuine star-power in the industry. In the swirl of Dodd-Frank, Basel III, the Volcker Rule, stress testing, LIBOR scandals and so much more, Doug is a powerful and wise advocate. We’re thrilled to share his talents and counsel with our own banking and financial services clients.”
“Milbank’s pedigree in banking and finance circles is legendary – the firm has long been a standard-bearer for advising global financial institutions in a full gamut of key transactions, as well as in litigation, compliance and other areas, including cross-border finance,” Mr. Landy said.
“In recent years the firm has made an increasing mark in financial regulation, with a strong bench in Washington, to go with its offices in Europe, Asia and Latin America, as well as New York,” he added. “In continuing to serve client needs, while building out a premier financial regulatory practice, I can’t think of a better place to broaden my practice than Milbank.”
Mr. Landy is a leading voice on financial services regulation and has authored a prolific body of published commentary. He earned his J.D. cum laude in 1993 from Boston College and his B.A. in 1989 from the University of Pennsylvania.
